Trading Psychology 101: Why Should You Care About Trading Psychology?

Pop quiz time! To be successful in the stock market, all you need is a solid trading strategy with good risk management. Agree? Disagree? Regardless of your opinion, this is indeed a very common belief that most novice traders have until they spend time trading in the actual market. They then quickly realize that making money in the market has more to do with psychology than the strategy they are trying to execute. Join Mike as he highlights some of the key reasons that lead traders to this realization.